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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: RGinPG who wrote (23753)	6/10/1998 10:23:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

SCSWF buying Dive.... DIVE trading at $18+ but less than $20 cash offer - is this a normal spread (10%) for a ''cash'' offer ? ...sure looks to be a decent bet; I'm holding SCSWF currently. I sure like SCSWF's ultra deep water/ subsea construction presence with the addition of DIVE; they have a substantial share of this niche.

To: RGinPG who wrote (23753)	6/10/1998 2:02:00 PM
From: Teri Stephenson	Read Replies (1) \| Respond to of 95453

One other bit(very small) of positive news on this sorry day - A weekly report I review that reports positive/negative "block" money flow lists SLB as one of their 10 listed stocks that was positive last week and this is the first time I've seen them on the report. Many times, divergences between + block movement and - price trend resolve themselves by a future change in price trend. Unfortunately, we're not seeing that now(but we might). This drop in oil price is maddening to watch. I almost wish it would completely collapse, triggering emergency action. Teri, long RIG and hating it